DIR-3 Form To Be Filed

The Ministry of Corporate Affairs has notified the format of e-form DIR-3 KYC under new Rule 12A (Directors KYC) vide the ‘Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2018’, along with the procedure for restoration of deactivated DINs of Directors, applicable w.e.f. 10 July 2018.

Further, on 10 July 2018, the MCA has updated that recently notified  Form DIR-3 KYC would be available shortly at MCA Portal for filing purposes. MCA has requested all Stakeholders to use PAN-based DSC in case of Indian Nationals, while filing DIR-3 KYC form,  i.e. DSC should contain PAN as specified in the form. However, in respect of foreign nationals, applicant’s name in DSC would be matched with his/ her name entered while filing the form (DIR-3 KYC). In case the PAN/ Name in DSC does not match with PAN/ Name entered in the form, they would be required to get a DSC with PAN/ Name as specified in the form.

As per Announcement (dated 28 June 2018) on MCA Website, the MCA would be conducting annual KYC of all Directors of all companies, to update its registry, through a new e-form (DIR-3 KYC), which is to be notified/ deployed shortly. Accordingly, every Director who has been allotted DIN up to 31 March 2018 and whose DIN is in ‘Approved’ status, has to mandatorily file form DIR-3 KYC by 31 August 2018. While filing the form, the Unique Personal Mobile Number and Personal Email ID would have to be mandatorily indicated and would be duly verified by One Time Password (OTP). The form should be filed by every Director using his own DSC and should be duly certified by a practicing professional (CA/ CS/ CMA). Filing of DIR-3 KYC would be mandatory for Disqualified Directors also.

After expiry of the due date by which the KYC form is to be filed, the MCA21 system will mark all approved DINs (allotted on or before 31st March 2018) against which DIR-3 KYC form has not been filed as ‘Deactivated’ with reason as ‘Non-filing of DIR-3 KYC’. After the due date filing of DIR-3 KYC in respect of such deactivated DINs shall be allowed upon payment of a specified fee only, without prejudice to any other action that may be taken.

IMPORTANT INFORMATION FOR ALL DIRECTORS FOR KYC NORMS 

Every DIN holder to file e-Form DIR KYC on or before 31st August 2018, otherwise, their DIN shall be deactivated as per Ministry of Corporate Affairs (MCA), Government of India has mandated.

Later the same can be activated only after paying Rs.5000/- penalty. Hereafter every year before 30th April every DIN holder is required to file this form to keep their DIN active.

Here is the list of documents that you must keep handy while filing DIR-3

  1. DIN Number and Company Name in which he is/was a Director
  2. Passport size photo
  3. PAN card (Self-attested)
  4.  Aadhaar card (Self-attested)
  5. Passport (if the Director is a Foreign National)
  6. Personal Mobile No and Personal E-Mail id of Director (Applicant will receive an OTP while processing in both)
  7. Letter of Engagement (Will be sent on acceptance of the offer)

Have more queries on DIR-3? Write to us directly at [email protected]

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2018-07-12T14:34:38+00:00July 12th, 2018|Compliance|
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